Divaris Real Estate, Inc. (DRE), announced the completion of the following two transactions for renewed retail space in North and South Carolina, totaling 6,060 square feet.

Lease Renewals

Metropolitan Ballroom renewed its lease for 4,560 square feet of retail spacein the Divaris-leased and -managed Providence Plaza located at 2935 Providence Road in Charlotte, NC. DRE’s Charles Neil represented the landlord in the negotiations. Other tenants in the property include: Chipotle, The Little Gym, Aqua Tots, Poppy’s Bagels, Flywheel Sports and Massage Envy.

Jackson Hewitt renewed its lease for 1,500 square feet of retail space in theDivaris-leased and -managed Socastee Commons located at 5022 Dick Pond Road in Myrtle Beach, South Carolina. Neil represented the landlord in the lease negotiations. Other tenants in the property include: BiLo, Socastee Spirits, Advance America and Cricket Wireless.

About Divaris Real Estate

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; Beverly Hills, CA; and Washington, DC. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases over 32 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.

Divaris Real Estate is a member of Realty Resources, (http://www.realtyresources.org/) a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S. DRE is also the Virginia affiliate for The CORE Network, (http://www.corenetworkcre.org/) a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, tenants and buyers in all aspects of leasing, development, management, sales and acquisitions.